The Canadian dollar dropped to below 77 cents against the U.S. dollar on Friday for the first time since March 2009.
The Canadian dollar seesawed above and below the 77-cent level all day before closing at 77.08 cents US when stock markets closed.
The loonie started falling on Wednesday after the Bank of Canada cut its key interest rate to 0.5 per cent. The loonie lost more than a penny against the U.S. dollar that day, it’s worst one-day performance this year.
继续阅读Canadian dollar dips below 77 cents for first time since 2009